Earl Heffintrayer of the Project and Infrastructure Finance team discusses how the air traffic recovery is helping US airports and their ability to weather COVID-19 surges. Plus, Eva Bogaty of the US Public Finance team examines prospects for tourism destinations Hawaii and Las Vegas and Tom Aaron weighs in on investment returns reducing pension liabilities for cities and states.
Ahead of the COP 26 conference in Glasgow, analysts Lev Dorf, Brandan Holmes and Vanessa Robert explain why banks, insurance companies and asset managers are under pressure to reduce exposure to carbon-intensive industries. Indeed Moody's has estimated that G20 financial institutions are exposed to carbon transtion risk to the tune of $22 trillion. However, financial institutions will need to play a vital role in financing the shift to net zero, and in this epsiode our analysts discuss what new areas of economic growth are emerging.
Moody’s Analytics economist Mark Zandi and his team share their perspectives on the longer-term global economic implications of the COVID-19 pandemic, including sovereign debt risks, demographic effects and remote work trends. The team also discusses expectations for passage of the pending US governmental spending bills, recent US economic performance and the fourth-quarter outlook.